Multiple Choice
-Refer to the table above, which gives five points on a nation?s PPF. The production of 7 units of X
And 28 units of Y is
A) possible but leaves some resources less than fully used or misallocated.
B) on the production possibilities frontier between points c and d.
C) impossible given the available resources.
D) on the production possibilities frontier between points b and c.
Correct Answer:
Verified
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